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York Road, Greenock, Inverclyde

Scotland

£49,500Guide Price

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Flat

Description

This upper cottage flat presents an excellent opportunity for renovation, situated in a desirable part of Greenock. With three spacious bedrooms and a generously sized lounge, the layout is conducive to modern living and is ideal for investors or families seeking additional space. The fitted dining kitchen offers potential for upgrades, and the family bathroom, while functional, may benefit from a refresh. A private rear garden adds value, providing outdoor space for recreation or gardening. This property requires upgrading to enhance its appeal and could yield a rental income of approximately £563 per month based on current LHA rates, translating to an attractive 13% yield for savvy investors. Conveniently located near local amenities, schools, and transport links, this flat combines comfort with investment potential. Viewing is encouraged to fully appreciate the possibilities that await.

Investment analysis

(PA16 area)
Area Average
£167/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (PA16)

Area prices are rising by +19.1% over the last 12 months
3 year growth: +18.2%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on PA16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

York Road, Greenock, Inverclyde
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£187
Based on a loan of £37,125 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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